Associate Director, Revenue and Gross-to-Net Accounting
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Job Description
Associate Director of Revenue and Gross-to-Net Accounting at Travere Therapeutics. Responsible for overseeing revenue accounting and ensuring compliance with U.S. GAAP and ASC 606.
Responsibilities:
- Perform monthly revenue and gross-to-net accounting processes, ensuring accurate and timely revenue recognition in accordance with ASC 606
- Own the calculation, review, and analysis of gross-to-net reserves and adjustments, including rebates, chargebacks, returns, discounts, and other revenue deductions
- Prepare revenue-related journal entries, account reconciliations, analyses, and supporting schedules
- Partner with Forecasting, FP&A, Market Access, Commercial, and Patient Access teams to support gross-to-net forecasting methodologies and assumptions
- Evaluate revenue-related contracts and commercial arrangements and prepare technical accounting analyses and memoranda
- Monitor and analyze gross-to-net trends, payer dynamics, and reimbursement changes to provide actionable business insights
- Lead SOX compliance activities, internal controls, audit support, and process documentation related to revenue and gross-to-net accounting
- Support commercialization activities, including new product launches, payer contracting strategies, and distribution channel changes
- Drive process optimization, automation initiatives, and system enhancements to improve efficiency, scalability, and reporting accuracy
- Assist in developing and mentoring accounting team members and fostering a culture of continuous improvement
- Collaborate with Corporate Accounting and Financial Reporting teams to support quarterly and annual reporting requirements
Requirements:
- Bachelor’s degree in accounting or finance required
- CPA certification required
- 8-10+ years of progressive accounting experience, including significant ASC 606 revenue recognition and gross-to-net accounting
- Public accounting experience required; Big 4 experience strongly preferred
- Experience leading complex accounting processes, cross-functional initiatives, and audit activities
- Experience in biotech or pharmaceutical industry with understanding of pharmaceutical commercial revenue recognition and gross-to-net accounting under ASC 606
Benefits:
- premium health
- financial offerings
- work-life and well-being offerings for eligible employees and dependents
- wellness programs
- employee support programs
- life insurance
- disability
- retirement plans with employer match
- generous paid time off
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